Bitcoin hits new all-time high above $119K as trader eyes 7-week uptrend
BTC price action is copying late 2024 — and that could result in fresh 50% gains, one trader says as late Bitcoin shorts feel the pain again.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
BTC price action is copying late 2024 — and that could result in fresh 50% gains, one trader says as late Bitcoin shorts feel the pain again.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin Price Forecast: $81,500 Leaves Weekly Close Needing a Big Push
Sunday’s (October 18) Bitcoin price forecast puts it near $ 81,600, with technical indicators sending mixed signals. Shorter-term...
Bitcoin (BTC) Price Prediction: Glassnode Signals Potential Price Floor Near $80K as Sellers Capitulate
Similar spikes in Bitcoin’s realized losses preceded local price bottoms in August and September, raising the possibility that the...
Bitcoin Reclaims $82,000 as Brent Crude Slips From a Five-Month High and Stock Futures Rise
A pullback in oil and a firmer start for U.S. stock futures are giving bitcoin room to climb past $82,000 on Monday. BTC changed h...
Bitcoin Price Prediction: BTC Reclaims $82K as Oil Retreats and Bulls Return
Bitcoin reclaimed $82,000 today, trading at $82,800, bouncing up by 1.5%. The bounce follows two weekly declines and puts price ba...
Upbit weekly trading volume falls 15.5% to 8.35 trillion won as XRP leads activity
The decline in trading volume highlights potential liquidity challenges and shifts in trader focus, impacting market dynamics and...
XRP’s 13-week ETF inflow streak ends as Bitcoin and Ethereum withdrawals continue
US-listed XRP exchange-traded funds ended a 13-week inflow streak as investors withdrew nearly $576 million from four major crypto...